Total reserves minus gold in Italy

Italy: Total reserves minus gold was 89.71 billion current US$ in 2025. ◆ Volatile

Latest (2025)
89.71 billion current US$
Change on year
up 5.7%
World rank
25th
of 182 countries
All-time high
89.71 billion current US$
in 2025
All-time low
1.05 billion current US$
in 1960
Years of data
66
1960–2025

Total reserves minus gold in Italy, 1960–2025

020.0B40.0B60.0B80.0B196019922025

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current US$.

Analysis

The most recent figure for total reserves minus gold in Italy is 89.71 billion current US$, measured in 2025. That is the highest value across all 66 years on record.

The figure is up 5.7% on the previous year and up 90.7% over ten years.

Over the whole period, total reserves minus gold in Italy peaked at 89.71 billion current US$ in 2025 and was at its lowest, 1.05 billion current US$, in 1960.

Italy ranks 25th of 182 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Total reserves minus gold in Italy, year by year

Annual values for Total reserves minus gold (current US$) in Italy, 1960 to 2025.
Year current US$ Change
1960 1.05 billion current US$ —
1961 1.57 billion current US$ +50.3%
1962 1.82 billion current US$ +15.9%
1963 1.28 billion current US$ -30.1%
1964 1.72 billion current US$ +34.6%
1965 2.40 billion current US$ +39.5%
1966 2.50 billion current US$ +4.2%
1967 3.06 billion current US$ +22.7%
1968 2.42 billion current US$ -21.0%
1969 2.09 billion current US$ -13.6%
1970 2.47 billion current US$ +18.0%
1971 3.69 billion current US$ +49.6%
1972 2.95 billion current US$ -19.9%
1973 2.95 billion current US$ -0.0%
1974 3.41 billion current US$ +15.3%
1975 1.31 billion current US$ -61.7%
1976 3.22 billion current US$ +146.8%
1977 8.10 billion current US$ +151.4%
1978 11.11 billion current US$ +37.1%
1979 18.20 billion current US$ +63.8%
1980 23.13 billion current US$ +27.1%
1981 20.13 billion current US$ -12.9%
1982 14.09 billion current US$ -30.0%
1983 20.11 billion current US$ +42.7%
1984 20.79 billion current US$ +3.4%
1985 15.60 billion current US$ -25.0%
1986 19.99 billion current US$ +28.2%
1987 30.21 billion current US$ +51.2%
1988 34.72 billion current US$ +14.9%
1989 46.72 billion current US$ +34.6%
1990 62.93 billion current US$ +34.7%
1991 48.68 billion current US$ -22.6%
1992 27.64 billion current US$ -43.2%
1993 27.54 billion current US$ -0.4%
1994 32.27 billion current US$ +17.1%
1995 34.91 billion current US$ +8.2%
1996 45.95 billion current US$ +31.6%
1997 55.74 billion current US$ +21.3%
1998 29.89 billion current US$ -46.4%
1999 22.42 billion current US$ -25.0%
2000 25.57 billion current US$ +14.0%
2001 24.42 billion current US$ -4.5%
2002 28.60 billion current US$ +17.1%
2003 30.37 billion current US$ +6.2%
2004 27.86 billion current US$ -8.3%
2005 25.51 billion current US$ -8.4%
2006 25.66 billion current US$ +0.6%
2007 28.39 billion current US$ +10.6%
2008 37.09 billion current US$ +30.7%
2009 45.77 billion current US$ +23.4%
2010 47.68 billion current US$ +4.2%
2011 49.19 billion current US$ +3.1%
2012 50.50 billion current US$ +2.7%
2013 50.77 billion current US$ +0.5%
2014 47.69 billion current US$ -6.1%
2015 47.03 billion current US$ -1.4%
2016 44.80 billion current US$ -4.7%
2017 48.92 billion current US$ +9.2%
2018 51.33 billion current US$ +4.9%
2019 55.34 billion current US$ +7.8%
2020 61.61 billion current US$ +11.3%
2021 84.00 billion current US$ +36.3%
2022 81.71 billion current US$ -2.7%
2023 84.82 billion current US$ +3.8%
2024 84.87 billion current US$ +0.1%
2025 89.71 billion current US$ +5.7%

Italy compared with similar countries

  • Italy's 89.71 billion current US$ is above the median for high income countries, which is 24.46 billion current US$, 3.7× the median. (63 countries reporting)
  • Italy's 89.71 billion current US$ is above the median for Europe & Central Asia, which is 13.63 billion current US$, 6.6× the median. (50 countries reporting)

Biggest year-on-year movements

Years where Total reserves minus gold in Italy changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1977 +151.4% 3.22 billion current US$ 8.10 billion current US$
1976 +146.8% 1.31 billion current US$ 3.22 billion current US$

Averages by decade

DecadeAverage LowestHighest Years
1960s 1.99 billion current US$ 1.05 billion current US$ 3.06 billion current US$ 10
1970s 5.74 billion current US$ 1.31 billion current US$ 18.20 billion current US$ 10
1980s 24.55 billion current US$ 14.09 billion current US$ 46.72 billion current US$ 10
1990s 38.80 billion current US$ 22.42 billion current US$ 62.93 billion current US$ 10
2000s 29.92 billion current US$ 24.42 billion current US$ 45.77 billion current US$ 10
2010s 49.33 billion current US$ 44.80 billion current US$ 55.34 billion current US$ 10
2020s 81.12 billion current US$ 61.61 billion current US$ 89.71 billion current US$ 6

Countries ranked near Italy

  1. 22 Denmark 118.41 billion current US$ compare
  2. 23 Germany 101.73 billion current US$ compare
  3. 24 Philippines 92.26 billion current US$ compare
  4. 26 Spain 89.05 billion current US$ compare
  5. 27 Iraq 87.05 billion current US$ compare
  6. 28 France 85.98 billion current US$ compare

See the full ranking of 183 places →

More economy & growth data for Italy

All data for Italy →

Frequently asked questions

What is total reserves minus gold in Italy?
Total reserves minus gold in Italy was 89.71 billion current US$ in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest total reserves minus gold recorded in Italy?
The highest recorded value was 89.71 billion current US$ in 2025.
What is the lowest total reserves minus gold recorded in Italy?
The lowest recorded value was 1.05 billion current US$ in 1960.
How does Italy rank for total reserves minus gold?
Italy ranks 25th out of 182 countries with data for 2025.
Is total reserves minus gold rising or falling in Italy?
Over the last ten years it is up 90.7%. The long-run trend across the full record is volatile.
Where does this Italy data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Total reserves minus gold (current US$). Statizoid updates them automatically from the source API.

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Total reserves minus gold in Italy. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 27 September 2026, from https://economy.statizoid.com/stat/total-reserves-minus-gold-current-us/italy/

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About this data

Indicator
Total reserves minus gold (current US$)
Unit
current US$
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 9,516 data points, 1960–2025
Last refreshed

This series includes external assets (excluding monetary gold) that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.